intraday profits on shorts, page-13

1509 [Dow Jones] S&P/ASX 200 up 0.5% at 5272.7 but well off early record high
5301.8. Compares with 0.8% rise in Tokyo. Some dealers caution that this could
be start of significant pullback. "We're up 100 points in 2 days and people
forget that we have outperformed the US market by 80% over 3 years," says
Charlie Aitken at Southern Cross. "I think we are reaching some sort of
climactic peak in the short term. I would be very cautious here." (DWR)